According to the latest market research study by Technavio, the global field-programmable gate array (FPGA) market is expected to grow at a CAGR of close to 9% during the forecast period 2017 to 2021.
This report by Technavio provides an in-depth analysis of the global FPGA market regarding revenue and emerging market trends. The report also includes an up-to-date vendor analysis and forecasts for various market segments and all geographical regions.
Technavio research analysts categorize the market based on the application
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The top three revenue contributing application segments are discussed below
Telecommunications segment: The onset of various new devices such as smartphones, tablets, and phablets is expected to drive the telecommunications segment. The demand for these devices is high in developed countries such as Brazil and the Americas.
“The competitive landscape of manufacturers of these communication products reveals vendors, who are engaged in extensive R&D to introduce the latest technology to stay relevant in the market. The strategy of implementing technological innovations by vendors will ensure that the demand for FPGA technology remains high in the telecommunications segment during the forecast period,” says Chetan Mohan, a lead analyst at Technavio for research on semiconductor equipment.
Industrial segment: The industrial segment will experience moderate growth with respect to the demand for FPGA technology. The is because upgrading the products for the industrial segment takes a relatively much larger cycle time than the other end-user segments. Moreover, the equipment used in the industrial segment also has a much longer life cycle due to which the demand cycle is also long and gradual.
Consumer electronics segment: The consumer electronics manufacturers emphasize on continuous innovation. The intense competition in the consumer electronics market is due to the increasing demand for better electronics from consumers and emergence of new technologies such as IoT and wearable technology. The rising demand for electronics, will, in turn, fuel the demand for FPGA applications from the consumer electronics segment.
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The top vendors operating in the global FPGA market are:
- Atmel
- Achronix Semiconductor
- Intel (Altera)
- Lattice Semiconductor
- Xilinx
The other prominent vendors in the market include Microsemi and Texas Instruments.
A more detailed analysis is available in the Technavio market research report titled, ‘Global FPGA Market 2017-2021’. Technavio also customizes reports by other regions and specific segments upon request.
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